The Securities and Exchange Commission caught pro golfer Phil Mickelson profiting from insider trading. They claim Mickelson received a tip on Dean Foods from his bookie, William “Billy” Walters, that resulted in approximately $931,000. This was one of Mickelson’s first transactions with Dean Foods stock. But why did an extraordinarily wealthy athlete like Mickelson get caught up in inside trading? From MarketWatch:
“The reason Mickelson, who the PGA Tour website indicated has career earnings of $79.5 million, made these trades? According to the SEC, Mickelson owed Walters money at the time Walters urged him to trade. That’s also the case with Davis — the SEC said he owed Walters money.”
If so, this isn’t the first time Phil Mickelson’s felt some financial pressure. A Deadspin report from 2013 summarized Mickelson’s public laments about his tax burden:
“…not only was Mickelson’s 63 percent claim on the high side, it’s also likely that he’s not actually paying the full tax rate on all of his income. Regardless, the worst case scenario for Mickelson still leaves him with $24 million [he was worth a mere 48 million at the time]. Poor guy.”
Mickelson, via a statement from his attorney, believes he is “vindicated” because he was not alleged to have violated security laws, adding that he intends to return the money he profited from the illegal exchange.
At least he won’t have to pay a capital gains tax!
Jason is the cofounder of the iconic non-profit Invisible Children which was founded to increase awareness of the horrendous activities of the LRA in Central Africa. Jason was also the director of the iconic Kony 2012 film that took the world by storm. In this two-part interview Jason and Branden talk about what it means to create a movement, what Jason experienced during his breakdown and subsequent recovery, and Jason’s experience in the world of theater.
Aharon Rabinowitz is the head of marketing for Red Giant based in New York City. During our conversation, we discussed the importance of work life balance, his start as a production intern at Sesame Street and why artist’s feel personally offended when you reject their work.
United gets their cheap on, fake news, and Trump hired who?
Welcome to Episode IV. This week, Dan spends some time with his favorite singer/songwriter, Matthew Perryman Jones. Matthew and Dan talk about panic attacks, growing up in Atlanta, the way music is informed by pain and suffering and the way music gives freedom.
If you have spent any time watching television in the last decade you have most likely heard one of Mattew’s songs on shows like Grey’s Anatomy, Pretty Little Liars, One Tree Hill and many others. His insightful writing and voice have drawn comparisons to Leonard Cohen and Jeff Buckley, and he is on the short list of songwriters who skillfully weave the deeply philosophical and the vivid utterly human without ever losing sight of either.
To get his new album Cold Answer, (which features the three songs from him you heard on this episode), visit MPJmusic.com.
Branden sits down with writer and speaker Tyler Huckabee days after Donald Trump was elected President of the United States to talk about empathy, justice, listening, and where we go from here.
Special Election Edition, President Trump to legalized weed and everything in between.
This week we reflect on the election and discuss our strategies for staying sane.
Luca and Ilenia are the founders of Illo, a studio based in Turin, Italy. During our conversation, we discussed their self-driving video bot named Algo, how Illo was formed and how they’ve crafted a unique office culture.
This week we discuss Beyonce’s night at the CMAs, last minute election plans and how SNL might save us all.
We appreciate everyone sticking with us through this long hiatus but are planning our return even as we speak, with a bunch of new goodies and an updated format. In the meantime, here’s a brief primer on Marvel’s Sorcerer Supreme, Doctor Strange — just so you can go into the movie knowing what you’re getting yourself into.